38A:11-14. Sale of military property
83 words·~1 min read·
/nj/title-38a/chapter-11/38a-11-14·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Unserviceable, unsuitable or surplus military property may, after a proper survey, be sold under such terms and regulations as may be prescribed by the Adjutant General. Moneys derived from such sales shall be deposited as received with the State Treasurer and maintained by him in a separate account. Moneys credited to such an account shall be appropriated and used for the repair, replacement, improvement and maintenance of military property.
L.1963, c. 109. Amended by L.1984, c. 181, s. 21, eff. Nov. 14, 1984.